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Old 11-26-2012, 09:55 PM   #31
mattack
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I blame the producers. If the Sharks don't want people who are too early in their businesses, then the producers should stop putting them on the show.
Think of them as the analog of the bad singers in the early rounds of American Idol.

(Though I did think one recent Shark Tank episode where it was ALL, or all but one, really bad ideas that got slammed by the tank was bad editing.. shouldn't've been all grouped together on one episode.)
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Old 11-27-2012, 01:46 AM   #32
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Oh, and the tie company WAS ON Who Wants to be a Millionaire as a question a few days after this. So apparently they're already well known?!?!?
Isn't "Who Wants to be a Millionaire" syndicated through ABC affiliates?
Sounds like self-promotion for ABC on this one.

Did the question start out as, "As seen on Shark Tank..."?
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Old 11-27-2012, 07:23 AM   #33
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do you think there's ever a deal made and we dont get to see it on the show or 100% of all deals made go on the show?
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Old 11-27-2012, 09:00 AM   #34
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do you think there's ever a deal made and we dont get to see it on the show or 100% of all deals made go on the show?
I think what happens more often then not is the deals made on the show don't go through. The sharks do due diligence before they sign the final contract and can always pull out. In an interview the Sharks also said that some of the company owners have decided that the exposure on the Shark Tank was enough and pull out of the deals as well. I haven't heard of any where there wasn't a deal made on the show but a deal was worked out later but that doesn't mean it hasn't happened. I do know that there have been a few companies who have been on the show more than once.
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Old 11-27-2012, 09:29 AM   #35
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i love the guys that come in and say i'm an inventor, i have ABC but now i have XYZ and i need money for that

then they dig and find out the dude is a zillionair with ABC but doesnt want the risk with XYZ (NO you cant have that part of the business)
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Old 11-27-2012, 10:54 AM   #36
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i love the guys that come in and say i'm an inventor, i have ABC but now i have XYZ and i need money for that

then they dig and find out the dude is a zillionair with ABC but doesnt want the risk with XYZ (NO you cant have that part of the business)
Yeah...we've seen that a few times on the show.
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Old 11-27-2012, 11:10 AM   #37
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i love the guys that come in and say i'm an inventor, i have ABC but now i have XYZ and i need money for that

then they dig and find out the dude is a zillionair with ABC but doesnt want the risk with XYZ (NO you cant have that part of the business)
The old ladies with the natural gum were like that.
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Old 11-27-2012, 11:50 AM   #38
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one thing people should learn is patent = kevin

he loves to license things too

but people dont want their original ideas destroyed and i guess i cant blame them for wanting to save their baby
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Old 11-27-2012, 12:38 PM   #39
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one thing people should learn is patent = kevin

he loves to license things too

but people dont want their original ideas destroyed and i guess i cant blame them for wanting to save their baby
Which makes sense for the people who have dedicated themselves to their idea....but doesn't make any sense for the people who are just doing their thing on the side, which the Sharks do call them out on. If you want to keep your current job, then just take a licensing or royalty deal, get your money and move on.
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Old 11-27-2012, 01:45 PM   #40
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i forget the object but kev wanted zero equity..just X cents or dollars per item

i'm assuming you do something like that because you limit your risk to your initial investment? after that it's only upside once you get past the breakeven point

and if the company goes down, no equity means no 'loss' in that sense of the word

but then he also does some deals where he says i get X cents per unit only until i make my money but then i think he has to have equity for those, correct?
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Old 11-27-2012, 09:33 PM   #41
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Did the question start out as, "As seen on Shark Tank..."?

No.
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